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Finance NetNet


  Friday, 11 Mar 2011 | 8:56 AM ET

Banks Fight With Fed Over 12 Cents

Posted By: Julia La Roche

Earthquake, Tsunami slam Japan. Check here for updates throughout the day. [CNBC.com via Reuters]

"Quake to Dent Japan GDP, Not Global Recovery: Analysts" [CNBC.com]

It is Now Illegal to Refer to Former RBS Banker Fred Goodwin as a 'Banker' [DealBreaker]

Charlie Sheen files $100 million dollar lawsuit #Winning or #Losing? [NYTimes]

Banks fight with the Fed over 12 cents [CNN Money]

Looks like a lot of early birds will be getting the iPad 2 today. Apple expected to sell more than 600,000 during debut [Bloomberg]

Batch of economic data includes monthly retail sales and consumer sentiment index [CNBC.com via Reuters]

»Read more
  Friday, 11 Mar 2011 | 8:48 AM ET

Waking up With Nicole Lapin

Posted By: Nicole Lapin

The quake 100x larger than the one that devastated Haiti happened during my watch. Here are all of the quake and beyond updates I got for ya:

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  Thursday, 10 Mar 2011 | 5:05 PM ET

Hiring on Wall Street Terrifyingly Returns to Pre-Recession Levels

Posted By: John Carney


Should you borrow against your house to buy stocks? (Felix Salmon) Only if you want to lose both.

The Closing of the Keynesian mind. "Some have asked if there aren’t conservative sites I read regularly. Well, no," Paul Krugman writes. (NYT)

Why Opposing Financial "Reform" is Pro-Consumer, Yet Again. \(Coordination Problem\). Thanks Elizabeth Warren! You killed interchange fees.

» Read More
  Thursday, 10 Mar 2011 | 5:03 PM ET

Violence In Saudi Arabia Could Threaten World Oil Supplies

Posted By: Ash Bennington
Ian McKinnell | Getty Images

Reports of police firing on protestors in the Saudi Arabian city of Qatif evoke a possible nightmare scenario for the disruption of oil from a country that sits atop the world's largest proven oil reserves.

While Saudi Arabia is not the largest oil exporter to the United States, oil is still a fungible commodity – and any supply disruption on such a massive scale would certainly send US energy costs soaring. \(The Kingdom of Saudi Arabia sits on a staggering quarter trillion barrels of oil proven in the ground.\)

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  Thursday, 10 Mar 2011 | 4:08 PM ET

Is There a Culture of Corruption at McKinsey?

Posted By: John Carney
Rajat Gupta
Eric Piermont | AFP | Getty Images
Rajat Gupta

The revelation that there may have been a “third man” at McKinsey with connections to the alleged insider trading schemes of Galleon founder Raj Rajaratnam casts a shadow across the reputation of the famous consulting firm. How deep does the corruption run?

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  Thursday, 10 Mar 2011 | 4:00 PM ET

If You Haven't Already, Meet Victor Niederhoffer

Posted By: Ash Bennington
Viktor Neiderhoffer
Viktor Neiderhoffer

If you don't know who Victor Niederhoffer is you should. With that goal in mind, NetNet is going to begin following his blog, Daily Speculations , and providing regular commentary and links.

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  Thursday, 10 Mar 2011 | 3:40 PM ET

Saudi Arabian Unrest: Thumbnail Summary of a Potential Crisis

Posted By: Ash Bennington

Reports from Saudi Arabia indicate that police have opened fire on protestors at a rally in the eastern city of Qatif.

Reports from the Associated Press contain references to stun grenades—as well as live ammunition—being used on protestors.

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  Thursday, 10 Mar 2011 | 2:46 PM ET

Will Cotton-Eye Joe Catch the Denim Blues?

Posted By: Stephanie Landsman
A farm laborer works at a cotton factory in Korla city, Xinjiang Uygur Autonomous Region, China.
Getty Images
A farm laborer works at a cotton factory in Korla city, Xinjiang Uygur Autonomous Region, China.

The fabric of our lives may start to feel like burlap.

Your favorite brands and styles could start feeling…. irregular.


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  Thursday, 10 Mar 2011 | 1:43 PM ET

War Machine Watch: The Official 'Line' on No-Fly Zones

Posted By: John Carney
Libyan opposition supporters demonstrate in Benghazi, Libya.
Getty Images
Libyan opposition supporters demonstrate in Benghazi, Libya.

A few readers have asked why a business web site should run a daily feature on the potential for war with Libya.

The answer is simple: war dominates markets. It affects almost every public company, every investment portfolio, and every decision to go long, short, or sit on the sidelines.

In short, we can't ignore the economic and financial effects of a potential war because they won’t ignore us.

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  Thursday, 10 Mar 2011 | 1:08 PM ET

Alaska Governor Sean Parnell: Health Care Reform Is Going to Bankrupt States

Posted By: Lori Ann LaRocco

The unrest in the Middle East is coming in waves. The tidal wave it has created at the pump is taking a big bite out of consumers wallets. We hear about our nation's untapped oil reserves but with the "no new wells" policy there is no hope it can be explored.

In Alaska, the Governor, Sean Parnell is in his own battle with the legislature. But not for budget cuts. He's proposing tax incentives for oil companies to entice them to hang a shingle up in his state.

» Read More

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